iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by Pacific Financial Group Inc.

Pacific Financial Group Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 105.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,824 shares of the exchange traded fund’s stock after buying an additional 2,990 shares during the period. Pacific Financial Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $571,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Fiera Capital Corp increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% in the second quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock valued at $495,000 after purchasing an additional 107 shares during the period. PSI Advisors LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 20.0% in the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 109 shares during the period. Matrix Trust Co increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% in the second quarter. Matrix Trust Co now owns 3,182 shares of the exchange traded fund’s stock valued at $298,000 after purchasing an additional 120 shares during the period. Oak Harbor Wealth Partners LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the second quarter. Oak Harbor Wealth Partners LLC now owns 12,039 shares of the exchange traded fund’s stock valued at $1,127,000 after purchasing an additional 126 shares during the period. Finally, Catalyst Private Wealth LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.7% in the second quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock valued at $450,000 after purchasing an additional 128 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

NASDAQ:IEF opened at $93.60 on Monday. The stock’s 50 day simple moving average is $95.70 and its 200-day simple moving average is $95.33. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The firm has a market cap of $33.25 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.2916 per share. This represents a $3.50 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

About iShares 7-10 Year Treasury Bond ETF

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.